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September 01, 2020 1:41pm
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Economists Lower Q4 Growth Outlook After Weak Retail Data

Economists lowered their fourth-quarter GDP outlook on Thursday to 2 percent from 3 percent following the latest December retail sales data. Based on the CNBC/Moody’s Analytics Rapid Update, economists responding to the survey see growth at a median 2.4 percent pace, which is down 0.7...
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